Escrow and Indemnification Procedure Agreement Sample Contracts

ESCROW AND INDEMNIFICATION PROCEDURE AGREEMENT
Escrow and Indemnification Procedure Agreement • May 8th, 2006 • Codina Armando M • Railroads, line-haul operating • Florida

This Escrow and Indemnification Procedure Agreement (this “Agreement”) is made as of the 27th day of April, 2006 among Florida East Coast Industries, Inc., a Florida corporation (“FECI”), Foxx Holdings, Inc., a Florida corporation and a wholly owned subsidiary of FECI (“Parent”), Armando Codina (“Codina”), C/Countyline, LLC, a Florida limited liability company (“CC”), and C/WDL, Ltd., a Florida limited partnership (“C/WDL” and together with Codina and CC, the “Contributors” with each being referred to herein as a “Contributor”) and SunTrust Bank, a Georgia banking corporation, as escrow agent (“Escrow Agent”).

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